Getting full power over your documents at any moment is crucial to alleviate your everyday tasks and enhance your productivity. Accomplish any goal with DocHub features for papers management and hassle-free PDF editing. Gain access, change and save and integrate your workflows with other safe cloud storage services.
DocHub provides you with lossless editing, the possibility to work with any formatting, and safely eSign papers without looking for a third-party eSignature alternative. Get the most of the file managing solutions in one place. Consider all DocHub functions today with your free account.
Hey, whats up, guys. Its Clint Coons here. And in this video were going to talk about wholesaling and how you can use a novation agreement versus an assignment of contract Okay, lets get started. Okay. So heres the deal. When it comes to wholesaling, what are we doing? If youre a real estate investor here, youre basically entering into a purchase and sale agreement with a seller to buy a piece of property. So youre essentially tying that property up under contract. Now, a wholesaler then wants to take that contract to purchase this house and find an investor and sell them the contract for a fee. So then to convert the investor now over here can work with the seller to buy the property. Now, the mechanics of how this works is it really comes down to what type of agreements are we putting in place between ourselves if were a wholesaler and the seller, and then the agreement between myself and the investor who ultimately wants to buy the property Now, Ive done this both ways. S